President of the US optical module giant Lumentum: Company orders have been scheduled until 2028, profitability will further increase.

The president and CEO of the leading US optoelectronics company Lumentum, Michael Hurlston, stated that Lumentum's performance in the third quarter was outstanding, with a 90% year-on-year increase in revenue, reaching a historical high of $8.08 billion. While revenue growth continues to dominate the headlines, what is more impressive in recent performance is the increase in profit margins. In the third quarter, gross profit margin increased by 540 basis points and operating profit margin increased by 700 basis points. The improvement in profit margins is due to various factors. With key growth drivers such as co-packaged optical devices and optical path switches starting to play a role, it is expected that profitability will further improve. Hurlston said that the company's orders are already booked until 2028, as the demand for components needed to connect GPU clusters has far outstripped production speed.